Bloomberg Forget about self-driving cars: In Germany, the Internet of Things starts with hot dogs. Certuss Dampfautomaten GmbH, a Krefeld-based maker of steam generators used for anything from cooking sausages to sterilizing medical instruments, used to fly repairmen out to far-flung locations to restart broken-down machinery. Now sensors in the machines send data on 60 items including temperature, steam …
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Bitcoin tech harnessed to push electricity revamp
Bloomberg Bitcoin technology is starting to seep into the electricity business, shaking up the way payments are managed every time a light switch is flipped. From New York to Vienna, researchers and utilities are adapting the cloud-based ledger system used to track bitcoins as a replacement for slower administrative systems that require constant human input and multiple spreadsheets. Once …
Read More »HP Inc. to buy Samsung’s printer biz for $1.05 billion
Bloomberg HP Inc. sees its future in copiers and printers. The personal-computer maker has agreed to buy Samsung Electronics Co.’s printer business for $1.05 billion, betting that it can grab share and generate income, even in a shrinking global market. The deal will add to earnings in the first full year, Palo Alto, California-based HP said in a statement …
Read More »Apple’s new iOS 10 rich in new features
Relaxnews Apple release iOS 10, the latest version of its mobile operating system. The software update for users of the firm’s current compatible devices lands a few days ahead of the official release of the iPhone 7 and 7 Plus. This latest update is one of the richest in new features in the history of iOS. Notable additions include …
Read More »Fintech venture targets Hedge funds with big-data research
Bloomberg A Japanese startup is entering the equity-research business in a bid to challenge the dominance of securities firms by using computers to crunch vast troves of information and predict companies’ earnings. Nowcast Inc., a financial-technology venture formed last year out of the University of Tokyo, will begin providing automated earnings estimates of consumer goods makers as soon as …
Read More »Apple updates key iPhone line
Bloomberg Apple Inc. has rolled out updated products and new features that mostly relied on an old strategy. The most-valuable technology company is targeting pent-up appetite for new iPhones to reignite sales growth amid mounting investor concern that its pace of innovation is slowing. The iPhone 7 line includes camera upgrades, a faster processor, longer battery life and a …
Read More »New iPhone may not turn the tide in China
Bloomberg Apple Inc. badly needs another smash hit in China. The new iPhone may not be it. The world’s most valuable company is counting on the latest iteration of its flagship product to regain the top spot in the world’s largest smartphone market. But unlike in years past, the iPhone 7 offers little new for Chinese consumers: no affordable …
Read More »Nintendo turns to Mario on iPhones to top Pokemon Go success
Bloomberg Nintendo Co. finally unveiled plans to bring Mario to smartphones. Now comes the hard part. Super Mario Run introduces the mustachioed plumber to the iPhone as a game app in December, just in time for the holidays. This followed years of anticipation that bringing together the Kyoto-based company’s iconic characters and mobile gaming would be a recipe for …
Read More »Vietnam’s ‘Silicon Valley’ sparks startup boom
Ho Chi Minh City / AFP Recent Vietnamese graduate looking for an English-language teacher? There’s an app for that. Or hunting the best bowl of pho in your Hanoi neighbourhood? There’s now an app for that, too. A decade ago such technology would likely have been developed in California’s Silicon Valley. But today those apps are being churned out …
Read More »LG out to rev smartphone sales with flagship V20
San Francisco / AFP South Korean consumer electronics titan LG unveiled a flagship V20 smartphone aimed at internet age “storytellers†on the eve of an Apple event expected to star a new iPhone. LG introduced the V20 in San Francisco, highlighting camera and audio capabilities aimed at bringing professional-level production quality to even casual of moments captured on smartphones. …
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